MOSCOW (MRC) -- ExxonMobil Corp shut the chemical plant at its Beaumont, Texas, refining and petrochemical complex on Thursday morning, 19 September, because of flooding from Tropical Storm Imelda, reported Reuters with reference to company spokesman Jeremy Eikenberry's statement.
Sources familiar with plant operations told Reuters on Thursday that Exxon was preparing to shut the 369,024 barrel-per-day (bpd) refinery adjoining the chemical plant because of flooding.
The company operates a cracker with a capacity of 830,000 mt of ethylene and 195,000 mt of proplyelen per year, low density polyethylene (LDPE) plant with a capacity of 236,000 mt per year and linear low density polyethylene plant with a capacity of 727,000 tonnes per year.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption was 1,081,100 tonnes in the first half of 2019, up by 8% year on year. Deliveries of all PE grades increased. Meanwhile, the estimated consumption of PP in the Russian market totalled 694,210 tonnes in January-June 2019, up by 14% year on year. The supply of propylene block copolymers (PP-block) and propylene homopolymers (PP-homo) increased.
ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy.
MRC